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Property Description

EXP Realty has retained the exclusive to present 60-33 68th Avenue in Ridgewood, Queens for Sale. Building size is a wide 28 X 58, 4872 sqft and Lot is a large 34 X 90, 3060 sqft, Zoning R5B. This tree-line building is an exceptionally rare fully-detached, southeastward-facing, lime-colored 3 story frame property that encompass 6 rent stabilized units of which 5 are occupied with 1 vacant (3R-$1,435). Each apartment is approximately 720 sqft, 2-bedroom 1-bathroom with an abundance of sunlight from a rare feature, that all rooms contain windows. Annual Preferential rent roll is $96K and Legal Rent roll is $102K, both rent roll includes 3R-$1435. There are only 6 people quietly residing within the property. Annual taxes are $17K, and with its Heat, Insurance, Water and Sewage, total expenses are $31K. Property has been exceedingly well maintained with no outstanding issues or repairs required. Boiler is about 12 years old and roof is about 8 years. Property has clean DHCRs with proper leases in place. No current HPD or DOB violations within the last 30 years which demonstrate non-problematic tenants. Absolutely no tenant issues with rents being paid on time. It’s about a 5 minute walk for the M train on Forest Avenue Station. This property is an incredible investment for a savvy investor that truly understands this area of Ridgewood, Queens. We have pictures and virtual tours of all apartments, all DHCRS and Leases, and complete financials are all available upon request.

Features
: Natural Gas, Forced Air
0
0
: Eat-in Kitchen, Combo Kitchen
: Near Public Transit
: Public Sewer
Address Map
NY
NY
Queens
Googlemaps.com
Property and Construction
: Apt In Bldg
: Brick
Bedford Academy High School
: 12 Months
: Two
187623
EXP03
Academy Of Arts And Letters
1
6
: Mint
: Hot Water, See Remarks
1
: Security Deposit, See Remarks
3
$17,331
: Public
R5B
28

Commercial Sale For Sale

60-33 68th Avenue, New York, NY

4,872 Sqft
$970,000
Listing ID #L3590194
Basic Details
Property Type : Commercial Sale
Property SubType : Multi Family
Listing ID : L3590194
Price : $970,000
Square Footage : 4,872 Sqft
Building Area : 4,872 Sqft
Lot Area : 3,060 Acre
Year Built : 1930
Status : Active
Status : Active
Listing Office : EXP Realty
Listing Agent : Rong Xu Yu
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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